Caesars Entertainment, Inc. Completes Sale of Caesars Southern Indiana Operations
⏱ 1 min read
(Las Vegas and Reno).- Caesars Entertainment, Inc. announced the closing of the sale of the operations of Caesars Southern Indiana to the Eastern Band of Cherokee Indians ("EBCI") for approximately $250 million.
In connection with this transaction, Caesars' annual base rent payments to VICI Properties under the Regional Master Lease will be reduced by $32.5 million. Additionally, effective today, Caesars and the Eastern Band of Cherokee Indians will extend their existing relationship by entering into a long-term agreement for the continued use of the Caesars brand and Caesars Rewards loyalty program at Caesars Southern Indiana.
"I want to thank the Team Members of Southern Indiana for all of their hard work and wish them continued success under their new leadership," said Tom Reeg, CEO of Caesars Entertainment, Inc.
J.P. Morgan and Latham & Watkins LLP represented Caesars Entertainment on the transaction. Innovation Capital LLC and Brownstein Hyatt Farber Schreck represented the Eastern Band of Cherokee Indians.
Categoría:Casino
Tags: Sin tags
País: United States
Event
GAT EXPO CARTAGENA 2026
24 de March 2026
Nevada’s Regulatory Model, Taxation Challenges and Prediction Markets Take Center Stage at GAT Expo Cartagena
(Cartagena de Indias, SoloAzar Exclusive).- During a high-level fireside chat at GAT Expo Cartagena 2026, Brian Krolicki, Vice Chairman of the Nevada Gaming Commission, and Rodrigo Afanador Carrasco, CEO of Zamba and General Manager of Grupo Vicca, explored key regulatory challenges shaping the global gaming industry, with a particular focus on Latin America.
Monday 30 Mar 2026 / 12:00
GAT Expo Cartagena 2026 came to an end after a resounding success
(Cartagena de Indias).- With this closing, GAT Events continues its remarkable 2026 circuit with upcoming stops in Mexico City, São Paulo, San Juan, Bogotá and Santo Domingo, consolidating its presence as a B2B platform for the development of the legal gaming business in Latin America and the Caribbean.
Friday 27 Mar 2026 / 12:00
Latin American Regulators Unite to Tackle Illegal Gambling and Highlight Risks for Minors
(Cartagena de Indias, SoloAzar Exclusive).- At GAT Expo Cartagena 2026, Jesús Mariano Acevedo, President of LOTBA (Buenos Aires City Lottery), took part in the regulators’ panel where he analyzed online gaming challenges, the rise of illegal gambling, and the need for a joint strategy between the public and private sectors in the region.
Friday 27 Mar 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.